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Last Updated: Monday, 18 April, 2005, 16:29 GMT 17:29 UK
Business boss suggests higher tax
The head of a business group in Jersey says a proposed goods and services tax should be set at a higher level.

The controversial revenue is aimed at correcting a deficit after a zero-rate corporation tax is introduced in 2007.

The island's treasury faces an £80m to £100m hole in its budget every year by 2010 after the zero rate is brought in.

Andrew Lewis of the Institute of Directors said a 10% tax instead of a proposed 5% would ensure income tax would not have to rise.




SEE ALSO:
Taxpayers must 'bite the bullet'
15 Feb 05 |  Jersey
£1m cost of implementing new tax
10 Feb 05 |  Jersey
Elderly group discusses tax rise
15 Jan 05 |  Jersey


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